What was the significance of the Monroe Doctrine?

(1 point)
Responses

It increased American trade with Latin American countries.
It increased American trade with Latin American countries.

It solved the problem of piracy in the Caribbean.
It solved the problem of piracy in the Caribbean.

It provided military aid to Spain to fight the British.
It provided military aid to Spain to fight the British.

It opposed European involvement in the Americas.

It opposed European involvement in the Americas.

The significance of the Monroe Doctrine was that it opposed European involvement in the Americas.

The significance of the Monroe Doctrine was that it opposed European involvement in the Americas. This doctrine, named after President James Monroe, was declared in 1823 and stated that the United States would not tolerate any further colonization or interference by European powers in the American continents. It aimed to protect the newly independent Latin American countries from further colonization attempts and to secure the United States' own political and economic interests in the region. The doctrine signaled a shift in foreign policy, establishing the United States as a dominant power in the Western Hemisphere and asserting its commitment to protect its neighbors from external influence.